Report: Microsoft preparing to make Satya Nadella next CEO

Microsoft’s search to replace retiring CEO Steve Ballmer may be coming to a close.

Bloomberg is reporting on Twitter that internal candidate Satya Nadella is being prepared to become chief executive. Nadella is currently the executive vice president of the company’s cloud and enterprise group.

Ballmer became CEO of the Redmond, Washington-based company in January 2000, succeeding Bill Gates. In August 2013, he announced he would retire within 12 months.